General Comments Markets started very tentative again yesterday afternoon following another day of sharp losses in the soy complex. The selling dried up quickly, and markets very gradually gained some strength. This week's rains across the Corn Belt were widely scattered, with something less than 20 percent of the entire Corn Belt getting anything. There were a few locations that did receive a good amount of rain, but they were very localized. Today's extended forecasts seemed to shift towards the European model that has been warmer and drier the entire summer. Corn and soybean crop ratings should decline again in Monday afternoon's Crop Progress report. There were some reports of increased commercial buying activity in the markets today...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.